TJ
Stock/Options Trader, Volume at Support/Resistance, Publisher of Volume Stocks Newsletter
Trump Media's Truth API, selling early access to Trump posts from August 1, is what the company calls a high-margin, first-ever revenue stream. The stock is forming a triple rounding bottom off June's all-time low, reclaiming 9.20 after three defended bottoms, while most large holders are staying. A break above 10.50 targets 14.50, about 52% higher and matching January highs; losing 9.20 resets the setup. x.com
Truth Social's falling traffic leaves Trump Media & Technology Group with 100% downside from here. Gurgavin reported a traffic decline of over 30% year over year through September and about 260,000 daily users last month, down from a 420,000 peak. x.com
Trump Media's paid Truth Social post feed likely has a shelf life of two years at most, and the stock is still near all-time lows. Per @DeItaone, high-frequency trading firms pay $60,000-$100,000 a month for real-time access to top Truth Social accounts, with more than 10 customers signed up, though the service has drawn criticism over conflicts between business and White House affairs. x.com
